> <i>In The Bitcoin Standard, Ammous blamed the Fed for the modern “breakdown of the family,” and for “perhaps most damagingly, the depletion of the soil of its nutrients, leading to ever-lower levels of nutrients in food.” He compared the art of the Renaissance, Classical, and Romantic periods, all financed properly with sound money, to the decadent culture of the twenty-first century, with its “animalistic noises’’ and “immediate sensory pleasures.’’ “It was hard money that financed Bach’s Brandenburg Concertos,” he wrote, “while easy money financed Miley Cyrus’s twerks.” It was, moreover, “no coincidence that the era of central bank-controlled money was inaugurated with the first world war in human history.” Here was a theory of everything, a moral case for Bitcoin that encompassed art and war and even the nutrients in our soil. (Ammous disdains what he calls “fiat food,” claiming his diet consists of “approximately 95% red meat, 5% other meats, and approximately zero plant matter.”)</i><p>I un-ironically believe all of this, but when put in this way, it sounds crazy. But I believe it.<p>Is it not curious that true fiat currency is a relatively recent phenomena, perhaps 100 years old in reality and 50 years officially, yet amazing discoveries, inventions, buildings, factories, art, etc. were all made before fiat currency? Fiat isn't a requirement nor an inevitability - it is a human invention, and one I personally see as a mistake.